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Fact-Sheet Infosys

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34.4% Q4 YoY 9.6% Q4 YoY 24.5% Q4 17.0% FY $2.1 bn Q4


29.4% FY 5.0% FY 24.5% FY Increase in EPS
(` terms)
$14.1 bn FY
CC Digital growth CC Revenue growth Operating Margin Large deal signings

Revenue Growth- Q4 21
Reported CC
QoQ growth (%) 2.8 2.0
YoY growth (%) 13.0 9.6

Revenues by Offering
Quarter ended ($ mn) YoY Growth (%)
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020 Reported CC
Digital 1,859 1,761 1,341 38.6 34.4
Core 1,754 1,755 1,856 (5.5) (8.3)
Total 3,613 3,516 3,197 13.0 9.6
Digital Revenues as % of Total Revenues 51.5 50.1 41.9

Revenues by Business Segments


(in %)
Quarter ended YoY Growth
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020 Reported CC
Financial services 33.0 33.1 31.3 19.1 15.6
Retail 14.8 14.7 15.5 7.6 4.5
Communication 12.0 12.4 13.0 4.5 (0.8)
Energy, Utilities, Resources & Services 12.3 12.5 12.9 8.0 4.9
Manufacturing 9.6 9.3 10.1 7.1 3.4
Hi-Tech 8.1 8.2 7.9 15.9 15.5
Life Sciences 6.8 7.1 6.4 20.8 18.3
Others 3.4 2.7 2.9 31.4 25.8
Total 100.0 100.0 100.0 13.0 9.6

Revenues by Client Geography


(in %)
Quarter ended YoY Growth
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020 Reported CC
North America 61.6 61.6 61.6 13.0 12.3
Europe 24.4 24.0 24.4 12.8 5.1
Rest of the world 11.0 11.8 11.4 9.3 (0.9)
India 3.0 2.6 2.6 30.8 30.8
Total 100.0 100.0 100.0 13.0 9.6

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Client Data
Quarter ended
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020
Number of Clients
Active 1,626 1,562 1,411
Added during the period (gross) 130 139 84
Number of million dollar clients*
1 Million dollar + 779 761 718
10 Million dollar + 252 246 234
50 Million dollar + 59 60 61
100 Million dollar + 32 29 28
Client contribution to revenues
Top 5 clients 10.9% 10.8% 11.3%
Top 10 clients 18.3% 18.5% 18.7%
Top 25 clients 34.2% 34.6% 34.1%
Repeat business 93.4% 95.1% 95.9%
Days Sales Outstanding* 71 73 69
*Based on LTM (Last twelve months) Revenues

Effort and Utilization - Consolidated IT Services


(in %)
Quarter ended
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020
Effort - Onsite 24.3 25.2 27.6
Effort - Offshore 75.7 74.8 72.4
Utilization - Including trainees 82.2 82.3 79.0
Utilization- Excluding trainees 87.7 86.3 83.5
Employee Metrics
(Nos.)
Quarter ended
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020
Total employees 2,59,619 2,49,312 2,42,371
S/W professionals 2,45,037 2,34,829 2,28,449
Sales & Support 14,582 14,483 13,922
Voluntary Attrition % (Annualized - IT Services) 15.2% 10.0% 15.3%
% of Women Employees 38.6% 38.3% 37.8%
Revenue per Employee - Consolidated (In US $ K) 55.2 54.3 54.1

Cash Flow In US $ million


Quarter ended
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020
Free cash flow (1) 799 772 593
Consolidated cash and investments (2) 5,288 4,538 3,605

In ` crore
Quarter ended
Mar 31, 2021 Dec 31, 2020 Mar 31, 2020
Free cash flow (1) 5,824 5,683 4,310
Consolidated cash and investments (2) 38,660 33,157 27,276

Year ended
Mar 31, 2021 Mar 31, 2020
Free cash flow (1) (In US $ million) 2,973 2,146
Free cash flow (1) (In ` crore) 22,020 15,250

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Consolidated statement of Comprehensive Income for three months ended,
(Extracted from IFRS Financial Statement) In US $ million, except per equity share data
Growth % Growth %
Mar 31, Mar 31, Dec 31,
Particulars Q4 21 over Q4 21 over
2021 2020 2020
Q4 20 Q3 21
Revenues 3,613 3,197 13.0 3,516 2.8
Cost of sales 2,357 2,133 10.5 2,275 3.6
Gross Profit 1,256 1,064 18.0 1,241 1.2
Operating Expenses:
Selling and marketing expenses 165 161 2.5 156 5.8
Administrative expenses 207 229 (9.6) 192 7.8
Total Operating Expenses 372 390 (4.6) 348 6.9
Operating Profit 884 674 31.1 893 (1.0)
Operating Margin % 24.5 21.1 3.4 25.4 (0.9)
Other Income, net(3) 68 78 (12.8) 77 (11.7)
Profit before income taxes 952 752 26.6 970 (1.9)
Income tax expense 255 160 59.4 263 (3.0)
Net Profit (before minority interest) 697 592 17.8 707 (1.4)
Net Profit (after minority interest) 697 590 18.1 705 (1.1)
Basic EPS ($) 0.16 0.14 18.0 0.17 (1.1)
Diluted EPS ($) 0.16 0.14 17.9 0.17 (1.1)
Dividend Per Share ($) 0.20 (4) 0.13 59.3 - -

Consolidated statement of Comprehensive Income for year ended,


(Extracted from IFRS Financial Statement) In US $ million, except per equity share data
Particulars Mar 31, 2021 Mar 31, 2020 Growth %
Revenues 13,561 12,780 6.1
Cost of sales 8,828 8,552 3.2
Gross Profit 4,733 4,228 11.9
Operating Expenses:
Selling and marketing expenses 624 664 (6.0)
Administrative expenses 784 840 (6.7)
Total Operating Expenses 1,408 1,504 (6.4)
Operating Profit 3,325 2,724 22.1
Operating Margin % 24.5 21.3 3.2
Other Income, net(3) 271 371 (27.0)
Profit before income taxes 3,596 3,095 16.2
Income tax expense 973 757 28.5
Net Profit (before minority interest) 2,623 2,338 12.2
Net Profit (after minority interest) 2,613 2,331 12.1
Basic EPS ($) 0.62 0.55 12.5
Diluted EPS ($) 0.61 0.55 12.5
Dividend Per Share ($) 0.36(4) 0.24 51.0

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Consolidated statement of Comprehensive Income for three months ended,
(Extracted from IFRS Financial Statement) In ` crore, except per equity share data
Growth % Growth %
Mar 31, Mar 31, Dec 31,
Particulars Q4 21 over Q4 21 over
2021 2020 2020
Q4 20 Q3 21
Revenues 26,311 23,267 13.1 25,927 1.5
Cost of sales 17,164 15,501 10.7 16,777 2.3
Gross Profit 9,147 7,766 17.8 9,150 (0.0)
Operating Expenses:
Selling and marketing expenses 1,200 1,172 2.4 1,145 4.8
Administrative expenses 1,507 1,667 (9.6) 1,416 6.4
Total Operating Expenses 2,707 2,839 (4.6) 2,561 5.7
Operating Profit 6,440 4,927 30.7 6,589 (2.3)
Operating Margin % 24.5 21.2 3.3 25.4 (0.9)
Other Income, net(3) 495 569 (13.0) 562 (11.9)
Profit before income taxes 6,935 5,496 26.2 7,151 (3.0)
Income tax expense 1,857 1,161 59.9 1,936 (4.1)
Net Profit (before minority interest) 5,078 4,335 17.1 5,215 (2.6)
Net Profit (after minority interest) 5,076 4,321 17.5 5,197 (2.3)
Basic EPS (`) 11.96 10.19 17.4 12.25 (2.4)
Diluted EPS (`) 11.94 10.18 17.3 12.23 (2.4)
Dividend Per Share (`) 15.00 9.50 57.9 - -

Consolidated statement of Comprehensive Income for year ended,


(Extracted from IFRS Financial Statement) In ` crore, except per equity share data
Particulars Mar 31, 2021 Mar 31, 2020 Growth %
Revenues 100,472 90,791 10.7
Cost of sales 65,413 60,732 7.7
Gross Profit 35,059 30,059 16.6
Operating Expenses:
Selling and marketing expenses 4,627 4,711 (1.8)
Administrative expenses 5,810 5,974 (2.7)
Total Operating Expenses 10,437 10,685 (2.3)
Operating Profit 24,622 19,374 27.1
Operating Margin % 24.5 21.3 3.2
Other Income, net(3) 2,006 2,633 (23.8)
Profit before income taxes 26,628 22,007 21.0
Income tax expense 7,205 5,368 34.2
Net Profit (before minority interest) 19,423 16,639 16.7
Net Profit (after minority interest) 19,351 16,594 16.6
Basic EPS (`) 45.61 38.97 17.0
Diluted EPS (`) 45.52 38.91 17.0
Dividend Per Share (`) 27.00 17.50 54.3
Notes :
(1) Free cash flow is defined as net cash provided by operating activities less capital expenditure as per the consolidated statement of cash flows prepared
under IFRS (Non-IFRS measure)
(2) Consolidated cash and investments comprise of cash and cash equivalents, current and non-current investments excluding investments in unquoted equity
& preference shares, compulsorily convertible debentures and others (Non-IFRS measure)
(3) Other income includes Finance Cost
(4) USD-INR rate of 75.00

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